Just a few days ago, Tom and Warner Brothers’ chief David Zaslav shook hands when they announced the Mission: Impossible star was being brought in as a key producer for several franchise films with the iconic film studios.

But despite him now working with rival studio Warner Brothers, Tom is working on a new Top Gun movie with Paramount, with “a script being written” by Maverick writer Ehren Kruger. And the likes of Miles Teller and Glen Powell are all expected to return for the third installment of the hit movie franchise.

Although the news of a new Top Gun sequel has only just emerged, The Hollywood Reporter has said “the reality is this sequel has quietly been in development since late fall”.

They also said that fans should not expect to see the new Top Gun movie in the near future, because the legendary action-movie actor is currently working on an eighth Mission: Impossible movie, “which will keep him occupied until at least its release, currently set for May 2025”.

This comes after Tom signed a deal to develop and produce theatrical films with Warner Bros. Discovery. The movies that he will work on will also star him, with the deal dubbed as a “strategic partnership”.

When the aforementioned deal with Warner Bros. was reported on by Variety, they noted that his deal with them “isn’t exclusive, nor is it a traditional first-look pact”, adding that the actor “can make movies at other companies, but the hope is that he will be able to generate the kind of globally appealing blockbusters that could spawn sequels and enhance Warner Bros.’ bottom line”.